Eli Lilly is slated to report third-quarter earnings and revenue, which will likely be fueled by its obesity drug Zepbound and diabetes counterpart Mounjaro.

#eli-lilly #diabetes #zepbound

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President of the European Central Bank Christine Lagarde to stand down in February

Business & Economy

2w ago

President of the European Central Bank Christine Lagarde to stand down in February

European Central Bank said on Thursday that President Christine Lagarde will step down from her role on Feb. 7 next year.

#rastra-bank #europe #lagarde

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It's a 'socialist' bank — and North Dakota Republicans love it

Politics & Governance

2w ago

It's a 'socialist' bank — and North Dakota Republicans love it

Democratic socialist candidates have held up North Dakota's state-owned bank as a model to emulate.

#socialist #dakota #model

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UK Treasury minister defends bank tax hike after 'gherkin' criticism

World News

2w ago

UK Treasury minister defends bank tax hike after 'gherkin' criticism

Speaking to CNBC’s Ian King, U.K. Economic Secretary to the Treasury Lucy Rigby says the 15-month bank tax increase announced in the budget will help ease pressure on households amid global volatility.

#treasury

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French Senate backs ‘Rioters Pay’ bill that could make protesters pay $11,000 fines

Technology

2w ago

French Senate backs ‘Rioters Pay’ bill that could make protesters pay $11,000 fines

More unrest is expected this weekend, following weeks of violent protests across the country – but the bill has drawn criticism.

#rioters-pay #protest

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Putin praises Elon Musk as a ‘real genius’ as Russia develops Starlink alternative

World News

2w ago

Putin praises Elon Musk as a ‘real genius’ as Russia develops Starlink alternative

Russia is trying to develop is own version of the satellite constellation Starlink: Rassvet.

#putin #elon-musk #russia

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Analysis: Warsh is learning to wield the Fed's power without showing his hand

World News

2w ago

Analysis: Warsh is learning to wield the Fed's power without showing his hand

The new chairman made clear he leans toward higher interest rates, but left himself options depending on how the data comes in.

#interest-rates #warsh #fed

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Alphabet falls 10% in premarket, putting it on course for its biggest ever post-earnings drop

Technology

2w ago

Alphabet falls 10% in premarket, putting it on course for its biggest ever post-earnings drop

Alphabet reported a larger negative free cash flow than analysts had expected while maintaining its spending gudiance for the year.

#alphabet #microsoft

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ECB set to hold rates, but how long can it sit tight?

Business & Economy

2w ago

ECB set to hold rates, but how long can it sit tight?

The European Central Bank is widely expected to keep rates on hold at its October meeting. But with inflation running nearly double the target rate and France facing a fiscal crisis, watchers will be eyeing any clues on whether the ECB is readying a hike when it meets again in December. CNBC's Annette Weisbach reports from Frankfurt.

#rastra-bank #ecb

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Oil prices fall as renewed U.S.-Iran peace efforts ease supply fears

World News

2w ago

Oil prices fall as renewed U.S.-Iran peace efforts ease supply fears

Oil prices declined Thursday as prospects of renewed peace negotiations eased fears of supply disruptions stemming from escalating tensions in the Middle East.

#middle-east #iran

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Hegseth reportedly fires U.S. top military planner as Trump downplays Iran peace talks

World News

2w ago

Hegseth reportedly fires U.S. top military planner as Trump downplays Iran peace talks

Lieutenant General Brett Sylvia was removed as head of strategy, plans and policy on the Joint Chiefs of Staff.

#trump #hegseth #iran

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